Category: Gold and Silver 2013
The analysis published under this category are as follows.Wednesday, December 04, 2013
Gold Culture - The Eastern Lust For Gold / Commodities / Gold and Silver 2013
Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East. Many Americans consider gold a "barbarous relic," but in Asia, the yellow metal remains the bedrock of individual savings plans. This means that either greater than half of the world's population are barbarians, or they've held onto an important tradition that our culture has forgotten.
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Wednesday, December 04, 2013
Gold Jumps After Strong ADP Jobs Data, "Short-Covering" Likely / Commodities / Gold and Silver 2013
JUMPING to $1229 per ounce in London trade Wednesday, gold defied analyst expectations and reversed earlier 1% losses after stronger-than-expected US jobs data.
Today's private-sector ADP Payrolls Report said 215,000 jobs were added in the US last month, against consensus forecasts of 173,000.
Wednesday, December 04, 2013
Gold Investor Notes From the Taj Mahal to Westminster Abbey / Commodities / Gold and Silver 2013
I recently returned from India, a nation where an incredible 600 million people are under the age of 25. That's nearly double the entire population of the U.S.!
What's amazing about that figure is that, unlike the 1970s when India had no global footprint, today's generation is increasingly gaining access to the Internet.
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Tuesday, December 03, 2013
U.S. Dollar Crisis is the Next Black Swan, Gold Bottom / Commodities / Gold and Silver 2013
Analysts everywhere appear to be wondering what could possibly be the catalyst to turn the gold market around. I maintain it's the same catalyst that drove the gold bull market from 2001 to 2011. Out of control currency debasement.
Does anyone seriously think that we can print trillions of dollars out of thin air for five years and not eventually have something bad happen? The next the black swan is already staring us in the face. It's going to be a collapse in the purchasing power of the US dollar.
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Tuesday, December 03, 2013
Gold Tumbles 2.6% Prompting Analysts Line Up / Commodities / Gold and Silver 2013
WHOLESALE gold trimmed Monday's 2.6% loss in Asian and London trade Tuesday morning, with a brief rally to $1226 per ounce as world stock markets fell after Wall Street retreated from record highs.
Gold priced in Euros dropped through €900 per ounce for the first time since July 2010.
Silver failed to match the Dollar gold rally, hitting a new 5-month low of $19.09 per ounce.
Tuesday, December 03, 2013
Avoid Regret: Accumulate Gold Bullion Now / Commodities / Gold and Silver 2013
Sasha Cekerevac writes: There are many ways to try to get a handle on where the market is currently trading and what’s likely to come. For me, investor sentiment is extremely important, but not for the reasons many would think.
All markets have various factors pushing them. As a contrarian investor, you want to look at taking profits during periods when investor sentiment has become extremely bullish, and accumulate positions as investor sentiment gets too pessimistic.
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Tuesday, December 03, 2013
Prepare for Gold and Silver Price to Lift Off / Commodities / Gold and Silver 2013
The end of the year is in sight, and many investors will soon be forced to take painful losses. David H. Smith, senior analyst at The Morgan Report, says that smart investors will take care to cull the weakest mining stocks from their portfolios and reinvest the proceeds in truly undervalued companies. In this interview with The Gold Report, Smith contends that once the market has worked through this process, a rejuvenated bull market in precious metals will eventually lead to a vertical rise in equities, with platinum group metals leading the way.
The Gold Report: With not many weeks left in 2013, gold remains under $1,300/ounce ($1,300/oz). Is this a bottom, or will it fall lower still?
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Monday, December 02, 2013
Gold, Silver Reverse Rally on US Data / Commodities / Gold and Silver 2013
FRIDAY'S late 1.1% rally in gold was reversed in Asian and London trade Monday morning, with the metal trading back below $1240 per ounce as world stock markets also slipped with commodities.
Silver tracked gold lower, falling from $20 per ounce at the start of Asian dealing to hit near 1-week lows $19.63.
Monday, December 02, 2013
Let’s Examine Some Facts About Gold and Silver, Precious Metals / Commodities / Gold and Silver 2013
Mark Evans writes: I thought it would be instructive to examine some real concrete factual data rather than rely on the musings, conjectures, assertions, speculations and opinions from the masters of Newspkeak, Fedspeak and Doublespeak, that are nearly devoid of facts. The misinformation, disinformation and white noise is deafening.......mission accomplished, but not in the rest of the world!
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Sunday, December 01, 2013
GOLD Technical Analysis Charts / Commodities / Gold and Silver 2013
Thomas Clayton writes: I have adjusted the variable parameters to titrate to the best signal .. Cross of stochastic rsi below 0.8 or above 0.2 and, slow stochastics 80 & 20, macd line cross works well on this daily chart. Price outside of bollinger band top or below.. Liquidate long or short positions repectively.
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Sunday, December 01, 2013
Comex Registered Gold Inventory Levels Leveraged At 65 Potential Claims Per Ounce / Commodities / Gold and Silver 2013
"A new tyranny is thus born, invisible and often virtual, which unilaterally and relentlessly imposes its own laws and rules." Jorge Mario Bergoglio, Francis I
Here are the latest inventory figures of registered (deliverable) gold in Comex approved warehouses.
I am not sure approved can really apply, given the distancing that the Comex recently instituted in the disclaimer on their inventory report.
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Saturday, November 30, 2013
Gold And Silver Reverse Bubble. Huge Rally When Broken. Note Bitcoin / Commodities / Gold and Silver 2013
Gold and silver are in reverse bubbles, if you will, where price has been both severely distorted and suppressed by central banks, the visible tools of the otherwise hidden moneychangers, those on the top of the population pyramid who want to control and enslave the entire world in a totalitarian state of existence. Ironically, the best and only hope for the [not so] free world comes from China and Russia. It is a twisted world in which we live.
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Friday, November 29, 2013
U.S. Dollar, Euro and Their Influence on Gold and Silver / Commodities / Gold and Silver 2013
In our essay on precious metals from Nov. 22, we focused on the markets from the long-term perspective. As we wrote in the summary:
(...) the final bottom for the decline in gold, silver and mining stocks doesn't seem to be in just yet.
On the next trading day, after the essay was posted, gold, silver and mining stocks declined and dropped to their fresh monthly lows. Although we've seens some improvement in recent days, precious metals still have been trading in the narrow range.
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Friday, November 29, 2013
Gold Worst November for 35 Years / Commodities / Gold and Silver 2013
WHOLESALE London prices for gold pushed higher in quiet trade Friday morning, on course for the largest November drop since 1978 in US Dollar terms.
Down 5.9% from the last London Fix of October, Dollar gold this morning touched $1249 per ounce.
Friday, November 29, 2013
Is This The Right Time To Get Into Gold? / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,245.25, EUR 915.29 and GBP 763.07 per ounce.
Yesterday’s AM fix was USD 1,241.75, EUR 913.12 and GBP 760.46 per ounce.
Yesterday the markets were closed in the U.S. for the Thanksgiving national holiday.
The closing fix in London was USD 1,245.50, EUR 915.54 and GBP 761.59 per ounce.
Friday, November 29, 2013
Silver and Gold as Currency Commodities / Commodities / Gold and Silver 2013
Gold and silver have a 6000 year history for their use as a currency, and until the last century, the price of gold and silver maintained a healthy valuation ratio of 1 ounce of gold to every 15 ounces of silver.
This purchasing power ratio is strengthened by the fact that there are 17 ounces of silver for every 1 ounce of gold in the earth's crust, although physical silver stocks have dwindled as the metal is used in a wide variety of industrial applications.
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Thursday, November 28, 2013
Gold At a Crossroads / Commodities / Gold and Silver 2013
Despite its recent weakness, the world is still viewing gold as a store of value.
Overall demand remains strong. As Eric Sprott points out, " It's staggering to think demand for gold is twice global mine production."
China is now the largest gold buyer and producer in the world. And with their economy looking better, gold continues getting a big boost from this area.
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Thursday, November 28, 2013
Why Gold and Silver Hate Easy Money / Commodities / Gold and Silver 2013
Ben Bernanke recently provided some clarity to the confusion surrounding the Fed’s QE stimulus program. He indicated that the near-zero Fed Funds rate will likely remain at that level long after ending asset purchases under quantitative easing (QE). This satisfied Wall Street and provided much relief, allowing a mini-rally to transpire in equities but providing additional selling pressure for gold and silver.Read full article... Read full article...
Thursday, November 28, 2013
Gold’s Organized Retreat, Who Benefits? / Commodities / Gold and Silver 2013
“There are insiders here who are in a position because of their inside knowledge to benefit from this intentional manipulation that is ongoing. These people, I suspect, are accumulating physical gold at artificially depressed levels.
Certainly we’ve noticed some of these suspects converting at very attractive prices their holdings of GLD into physical. This typically gets reported in the mainstream media as Soros, or name another elite, selling or reducing their stake. And this just isn’t right. For the most part these entities are converting their (paper) gold into physical (gold) in lots of 100,000 (shares of GLD). They have the wealth to do that.
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Wednesday, November 27, 2013
Are Weak Gold Prices an Opportunity of a Lifetime Investors? / Commodities / Gold and Silver 2013
Michael Lombardi writes: Given the recent further weakness in the price of gold bullion, should investors be running for the exit doors?
Some well-known “gold bugs” have recently turned bearish on the precious metal. But I’m on the opposite side of the spectrum; I see the pullback in gold prices as an opportunity of a lifetime for contrarian investors.
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